Time to another retracement before a rally ? // IF=THEN ®


Bearish divergence on RSI , looking left to the previous structure, i imagine a retracement in 3 levels, the first one right below at previous Resistance, now Support @87$;
Second target around the 61.8% retracement @79.66$;
The last one, a full retracement back to the 70$;

How to trade this:

Open a short position that can be divided into three, example 3 lots, 0.3 lots, or even 0.03 lots...
Once we get the first target, we will close 1/3 of our position and move SL to breakeven;
Once we get the second target, we will close another 1/3 of the position and move SL above the first target, and the last 1/3 to the 3th target to let it run with no risk at all...

Safe trades;

Very nice one! good setup ! On the daily chart, we seem to have a greater profit,from 2014/06 to today.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden